2023 Form 5500 filing — Outset Medical 401(K) Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240916050840NAL0002185120001) for Outset Medical 401(K) Plan, reported by Outset Medical, Inc. under EIN 20-0514392 and plan number 001. It reports 607 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240916050840NAL0002185120001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Outset Medical, Inc.
- EIN
- 20-0514392
- Plan number
- 001
- Location
- San Jose, CA
- Participants
- 607
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $29,963,244
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $29,963,244
- Employer contributions
- $1,682,246
- Participant contributions
- $5,851,299
- Total income / additions
- $13,803,226
- Benefits paid
- $2,978,396
- Administrative expenses
- $57,893
- Total expenses
- $3,063,723
- Net increase / (decrease)
- $10,739,503
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| 401k Advisors Inc | INVESTMENT/FINANCIAL ADVI | $47,942 | $0 |
| Adp, Inc. | RECORD KEEPER | $9,950 | $0 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 |